World & BusinessCarney reportedly urged to mandate pension fund investment in Canada
Bloomberg reports growing calls for Canada’s pension plans to turn pledges of tens of billions of dollars in domestic investments into action.
TLDR
Canada’s pension plans pledged tens of billions of dollars for domestic assets, but Bloomberg reports growing pressure to move from vague announcements to action. Its Canada Daily newsletter says Carney is being urged to require pension funds to invest in Canada.
Carney reportedly urged to mandate pension fund investment in Canada
Bloomberg reports growing calls for Canada’s pension plans to turn pledges of tens of billions of dollars in domestic investments into action.
TLDR
Canada’s pension plans pledged tens of billions of dollars for domestic assets, but Bloomberg reports growing pressure to move from vague announcements to action. Its Canada Daily newsletter says Carney is being urged to require pension funds to invest in Canada.